CFO of National CineMedia (NCMI) awarded 98,315 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ng Ronnie Y. reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. reported that its Chief Financial Officer, Ronnie Y. Ng, received a grant of 98,315 restricted stock units (RSUs). Each RSU represents the right to receive one share of the company’s common stock. These RSUs will vest in three equal annual installments beginning on February 27, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ng Ronnie Y.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 98,315 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 98,315 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of the Issuer's common stock. Represents 98,315 shares of restricted stock units that will vest in three equal annual installments beginning on February 27, 2027.
FAQ
What insider transaction did National CineMedia (NCMI) report for its CFO?
National CineMedia reported that CFO Ronnie Y. Ng received 98,315 restricted stock units. These RSUs are a stock-based compensation award and will convert into common shares as they vest over time, aligning the executive’s incentives with shareholders.
How many restricted stock units were granted to the NCMI CFO?
The CFO of National CineMedia was granted 98,315 restricted stock units. Each unit represents one share of common stock, providing a meaningful equity stake that vests gradually, encouraging longer-term alignment with company performance and shareholder interests.
When do the CFO’s 98,315 RSUs at National CineMedia vest?
The 98,315 RSUs granted to National CineMedia’s CFO vest in three equal annual installments starting February 27, 2027. This means one-third vests each year from that date, creating a multi-year incentive structure tied to continued service and company performance.
What does each restricted stock unit granted by NCMI represent?
Each restricted stock unit granted by National CineMedia represents the right to receive one share of its common stock. Once vesting conditions are met, the RSUs convert into actual shares, giving the executive direct equity ownership in the company.
Is the Form 4 transaction for NCMI’s CFO a purchase or an award?
The Form 4 transaction for National CineMedia’s CFO is an equity award, not a market purchase. It is classified as a grant or other acquisition of 98,315 restricted stock units provided as compensation rather than shares bought on the open market.
Does the NCMI CFO directly hold the RSUs reported in this Form 4?
Yes, the Form 4 indicates the 98,315 restricted stock units are held as direct ownership by the CFO. The filing shows the ownership type as direct, meaning the award is attributed personally rather than through a separate trust or investment entity.